DHT HoldingsDHT -2.86%55 Gross Margin % is 60.39% as of Mar. 2026, which is 89% above its 10-year median of 32.00. GuruFocus rates DHT with a GF Score™ of 55/100 and a GF Value™ of $11.96 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 867 Oil & Gas companies, DHT Holdings ranks better than 76.36% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
DHT Holdings had a gross margin of 60.39% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
DHT Holdings Gross Margin % Related Terms
DHT Holdings Gross Margin % Historical Data
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The historical data trend for DHT Holdings's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, DHT Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
DHT Holdings Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DHT Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where DHT Holdings's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
DHT Holdings (DHT) has a Gross Margin % of 60.39% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on DHT Holdings and its competitors. This is 89% above median its historical median of 32.00. According to the industry distribution chart, DHT Holdings ranks #205 out of 867 companies in the Oil & Gas industry, placing it in the top 23.6%.
Is DHT Holdings' Gross Margin % too high?
DHT Holdings' current Gross Margin % of 60.39% is 89% above median its 10-year median of 32.00. The Oil & Gas industry median Gross Margin % is 25.70. DHT Holdings' value of 60.39% is 135% above this industry median. Based on the distribution chart, DHT Holdings ranks #205 out of 867 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, DHT Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHT Holdings' Gross Margin % compare to TNK and NGL?
According to the Oil & Gas industry distribution chart, DHT Holdings ranks #205 out of 867 companies for Gross Margin %. This places DHT Holdings in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 25.70. DHT Holdings' value of 60.39% is 135% above this benchmark. While the company's 10-year median is 32.00 vs. the industry median of 25.70, DHT Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DHT Holdings's current Gross Margin % of 60.39% is 135% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on DHT Holdings and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHT Holdings's current Gross Margin % is 60.39%, which is 89% above median its own 10-year median of 32.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHT Holdings stock overvalued right now?
Based on GuruFocus' analysis, DHT Holdings (DHT) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.96, compared to a current price of $19.39 — trading 62.1% above its estimated fair value. The current Gross Margin % is 60.39%, which is 89% above median its 10-year median of 32.00 and 135% above the Oil & Gas industry median of 25.70. DHT Holdings' overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For DHT Holdings (DHT), the current Gross Margin % is 60.39% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is DHT Holdings (DHT) Overvalued in 2026?
Based on GuruFocus' analysis, DHT Holdings stock appears to be overvalued.
The current stock price of $19.39 is trading 62.1% above its estimated GF Value™ of $11.96.
GuruFocus considers DHT Holdings to be Significantly Overvalued.
Key valuation signals for DHT:
Gross Margin %: 60.39% (89% above median its 10-year median of 32.00)
GF Value™: $11.96 vs. price of $19.39 (62.1% above fair value)
Industry Position: 135% above the Oil & Gas median (#205 of 867)
No single metric tells the full story. See the DHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DHT Holdings Inc is a crude oil tanker company. The company's primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of VLCC crude oil tankers. The group generates revenues from time charter and spot market operations. It operates vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. The company generates the majority of its revenue from Voyage charter revenues.
55GF Score
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